Disclaimer

The content on this blog (PUG Stock Market Analysis, LLC) is provided as information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author (PUG) and are for entertainment purposes only. PUG is not a licensed investment adviser (advisor) or commodity trading adviser nor is licensed as such with any federal or state regulatory agency. PUG does not manage client assets in any way. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of PUG. PUG may make statements about certain investment vehicles and strategies, but it is not to be taken as investment advice. PUG Stock Market Analysis, LLC is an educational service, not an advisory or stock recommendation service. At times, PUG will analyze the technical structure (chart) of various stocks or financial markets, but he is in no way compensated by the companies he analyzes either in reports or daily commentaries. All examples are provided for educational purposes.

Privacy Policy

Corresondents's e-mails are strictly confidential. The thrid-party advertising placed by ad networks may collect information for ad targeting or store cookies. Links for commercial sites are paid advertisements. Blog links on the site are posted by PUG's discretion, without compensation of any kind.

Content Usage Terms

PUG Stock Market Analysis, LLC blog site content may NOT be reproduced or excerpted online or in print without written permission of the author (PUG).

February 22nd, 2017: GLD Chart Update

1:45 pm EST: The GLD primary count is that minor 2 of major [C]-P2-CC is underway that should retrace 50%/62% to 115.71/115.01. From there waves minor 3, 4 and 5 should propel GLD to the P2 62%/78% retrace target of 121.99/125.84. The primary count remains valid for minor 2 above the major [B] low of 112.82.

The alternate (blue) count is that P2-CC topped at 118.51, just below the 50% retrace of 119.08. The initial stages of the P3-CC wave down to new lows below 100.01 should be underway. This alternate (blue) count remains valid below 118.51.